Fiat To Electrify 60 Percent Of Its Cars By 2021
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The automobile industry is changing dramatically for the first time in a century. Volkswagen has already announced that it is stopping all motorsports activities to focus on electrification efforts before this Honda also announced in September that it was going to be focusing on electrification and sustainability which perpetuated its exit from F1. Now, Fiat has joined the bandwagon and its head for EMEA has said that 60 percent of its vehicles will be electrified by the end of 2021. This includes the Fiat, Lancia and Abarth brands.
Fiat’s approach is a different one, however. Its electrification efforts amount to multiple new hybrid models, unlike the traditional plug-in electric models. It already makes a hybrid version of 500, the Panda and the Lancia Y. It also has a couple of cars incoming — 500X and Tipo, apart from this, there is also a new Fiat 500 electric and Fiat E-Ducato coming in.
Fiat feels that adding more hybrids and plug-in cars are a necessity for it in Europe. It has also been forced to make this move as it has been lagging behind in its electrification efforts and also been forced by the European Union’s Emission requirements to buy emission credits.
For this, it has partnered with the big daddy of all-electric cars – Tesla – the world’s highest-valued automotive company for complying with the CO2 emission for the EU. It is also highly dependent on Tesla’s ability to scale up its operations and production in the EU.
Questions & Answers
Q.Which specific brands under the Fiat umbrella are included in the electrification plans?
Which specific brands under the Fiat umbrella are included in the electrification plans?
The electrification targets for Fiat encompass vehicles from its core brand, as well as the Lancia and Abarth brands. This ensures a broad approach to integrating electrified options across different segments of its European market offerings.
Q.What is Fiat's primary strategy for electrifying its vehicle range, and how does it differ from others?
What is Fiat's primary strategy for electrifying its vehicle range, and how does it differ from others?
Fiat is focusing primarily on introducing multiple new hybrid models, rather than solely on traditional plug-in electric vehicles. This approach is demonstrated by existing hybrid versions of the 500, Panda, and Lancia Y, alongside upcoming models.
Q.Why has Fiat been compelled to accelerate its electrification efforts and seek external partnerships?
Why has Fiat been compelled to accelerate its electrification efforts and seek external partnerships?
Fiat has been lagging in its electrification initiatives and is obligated by the European Union's emission requirements. This situation has necessitated its partnership with Tesla to acquire emission credits and comply with EU CO2 regulations.
Q.Which specific new electrified models are mentioned as incoming from Fiat?
Which specific new electrified models are mentioned as incoming from Fiat?
The article mentions a couple of new incoming models to support Fiat's electrification drive. These include the 500X and Tipo, alongside a new all-electric Fiat 500 and the Fiat E-Ducato.
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